The Role of Taking Risks in Business

She Means Profit - A podcast by Melissa Houston - Mondays

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"Every risk taken has something to teach us, and with each failure comes an opportunity to grow, learn, and move forward."—Melissa HoustonIt’s scary to take risks, but it’s more daunting not to take one. Taking risks also means taking a leap into our growth. It allows us to move beyond our comfort zones, confront our fears, and ultimately achieve our goals. In the realm of business and entrepreneurship, people are known to be risk-takers. Because the truth is, there’s more to risk and more to lose if you don’t dare jump into an opportunity.Though we all know that risks can result in disappointments, failures, and setbacks, it is important to remember that these experiences are valuable opportunities for growth and development. It’s a better option than not taking a risk at all because choosing the latter could mean that we may never reach our full potential and achieve our eventual success.So if you hesitate to embrace uncertainty, always remember that there could be a positive outcome and valuable lessons waiting on the other end of the line.Listen to learn:‌Why taking risks is essential for entrepreneursSetbacks are a normal part of a successful journeyFailures can be an opportunity for growthGrowth requires living outside of our comfort zonesHighlights:‌00:11: Intro00:56: Announcement of the expansion of She Means Profit Services 04:08: My seven-figure profitable business04:42: Core message of She Means Profit06:33: Taking risk as entrepreneur10:29: Not giving up after failures13:51: Pitch as part of the game15:09: Setbacks on the road towards successLinks:‌ ‌  Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessApplication to work 1:1 with MelissaMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:IG: @melissahoustoncpa   LinkedIn: @melissahoustoncpa